Investing
Shorts Backing Out of Major Tech (DELL, MSFT, YHOO, AAPL, AMZN, QCOM, GOOG, INTC, CSCO)
Published:
If you think the long-gone uptick rule or naked shorting was important for financial stocks, you might wonder what was going on in technology stocks with short sellers. In the major NASDAQ tech companies, there was a remarkable deterioration of the interest in short selling from just mid-July to late-July. Below is a list showing the decrease in the short interest with two exceptions at the end:
The two exceptions out of our major tech stocks were as follows:
Jon C. Ogg
August 12, 2008
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